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I'm using my tax refund to buy Stock Monday...You do it too!

Posted on 09/14/2001 1:59:39 PM PDT by newsperson999

That and more money.......


TOPICS: Announcements; Extended News; News/Current Events
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1 posted on 09/14/2001 1:59:39 PM PDT by newsperson999
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To: newsperson999
I'm buying airline stock at 10:30est.
2 posted on 09/14/2001 2:08:06 PM PDT by Rokke
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To: newsperson999
We're buying.
3 posted on 09/14/2001 2:09:27 PM PDT by jwalsh07
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To: newsperson999
After giving blood, the next most patriotic thing you can do is invest in America. Buy an American stock. Try to make it one with a future, but if you consider it a gift, it won't matter whether the stock makes or loses money.

Shalom.

4 posted on 09/14/2001 2:09:35 PM PDT by ArGee
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To: newsperson999
How does someone who's never bought stock before and doesn't have much money to invest do so? Any advice is appreciated.
5 posted on 09/14/2001 2:22:04 PM PDT by bleudevil
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To: ArGee
You could always just buy the indexes and spread your cash around easily. Not only that, but you'll definitely make money just holding these for the long term. DIA = Dow Jones Tracking Stock SPY = S&P 500 Tracking Stock QQQ = NASDAQ Tracking Stock
6 posted on 09/14/2001 2:22:33 PM PDT by Reason4Man
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To: bleudevil
You would have to set up an account. Too late now. You should go ahead and open an account ASAP anyways...
7 posted on 09/14/2001 2:25:25 PM PDT by cactmh
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To: bleudevil
Good place to start
8 posted on 09/14/2001 2:32:31 PM PDT by Cagey
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To: cactmh
Call a local broker or e-mail and ask them to set up an account for you...even call this weekend and ask him if he would wave the commision fee for people BUYING stocks..
Besides the the defense industry..big equipment makers such as CAT will be good...somebody will have to clean this mess up after the war
9 posted on 09/14/2001 2:35:26 PM PDT by newsperson999
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To: newsperson999
I thought of this yesterday, I think everybody should buy stock Monday, and, if you can't afford it, just buy only one stock.

I think buying stock on Monday will show our solidarity, and, patriotism.

Glad you posted this!

10 posted on 09/14/2001 3:15:08 PM PDT by joyce11111
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To: newsperson999
Why not by US bonds? Are there still war bonds or savings bonds that invest directly in the US?
11 posted on 09/14/2001 6:31:56 PM PDT by Rudder
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To: newsperson999
You have to pay a commission if you use a broker
12 posted on 09/14/2001 6:38:31 PM PDT by Skip Ripley
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To: newsperson999, LadyX, patriciaruth, deport, StarFan, Howlin, kattracks, MinuteGal
Bump for America! Please email your friends to invest in America!
13 posted on 09/14/2001 10:15:27 PM PDT by JulieRNR21
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To: newsperson999
Good on you for posting this suggestion !

I was gratified to hear about the re-opening of the Chicago Mercantile on Thursday ... in a show of support for America, the institutional inverstors refrained from selling off their holdings, leading to a slightly up closing and bond prices actually climbed alot.

If you don't have an account, try opening one right now with an on-line broker (E-Trade for example, though I'm not endorsing any particular company).

14 posted on 09/14/2001 10:22:23 PM PDT by JPR_Boise_ID
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To: bleudevil
There is a website called ShareBuilder, where you can by any amount of a stock for $3.00. You can register over the weekend. If you want to spend twenty bucks, you can find a stock for 17.00, buy one share, and pay $3 commission and you've made a statement. if you want a precise recommendation, I bet there are a bunch of Freepers ready to suggest particular stock..Good luck. I'm buying Monday.
15 posted on 09/14/2001 10:24:42 PM PDT by hinckley buzzard
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To: bleudevil
Go to a brokerage house, like Schwaab, and take cash or maybe they'll take traveller's checks or a cashier's check. You have to be liquid if you don't have an account. Set up an IRA (individual retirement account) with them which will be a tax deductible expense on your next tax return. Then tell them what stock you want to buy.
As a sympathy move, I may buy American Airlines or United, or I may watch and see what good American company seems to be getting into trouble with a drop in stock prices and go buy that.
Often stock buyers buy in lots of 100, meaning if American Airline stock was 57 ($57 a share), you'd be paying $5700 plus the commission fee to purchase the 100 shares of stock. You don't have to buy 100, you can buy any amount you want, even a couple shares.
Commission fees can run from as low as $10 a trade with some on-line brokerage houses (trading companies) to over $100 a trade from a "personal" stock broker. Schwaab generally runs about $57 a trade by phone if you talk to a broker (or in person when you first set up an account), but they have a cheaper on-line fee. And the automatic phone fee for a trade is cheaper, too, but not as cheap as on-line trading.
Automated phone trading means you have to have an account with money in it or stock you're going to sell before you buy another stock, and you also have to have a PIN number. Then you use codes for the stock you want (you punch into your phone using your touch tone alphabet the letter code for the stock, (like AMR or is it ARM for American Airlines stock?), but it's a tad more complicated than that as you have to code which letter you are punching in, as there are three letters on each button, so you have to hit like 1 if it is the first letter in the three letter sequence, then the letter; or 2 if it is the second letter, then the letter.)
Regardless, let's go out and support our country and buy long and counter-act the jerks that will be selling short and selling our country short in the process.
16 posted on 09/15/2001 12:36:06 AM PDT by patriciaruth
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To: JulieRNR21
When I heard about foreigners investing in US bonds to show support I was touched beyond belief. Word is spreading (Donald Trump the first to announce) and I hope it becomes a reality. Neil Cavuto said anyone dumping their stock on Monday is a real scumb*g. Is that word now permitted on TV? Good grief!
17 posted on 09/15/2001 5:07:08 AM PDT by StarFan
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To: StarFan, Lady In Blue, JohnHuang2, deport, kattracks, Bryan, William Wallace
I am emailing my extensive mailing list the following:

Logan Darrow, publisher of American Venture magazine, suggests that every investor buy 100 shares of stock and hold it. In what he calls the "Great American Stock Revival," Darrow wrote that it would show the terrorists their attack "failed to destroy America."

More here:

Click here: In swell of patriotism, investors vow not to sell stock

Invest in America!

18 posted on 09/15/2001 9:09:42 AM PDT by JulieRNR21
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To: hinckley buzzard
if you want a precise recommendation, I bet there are a bunch of Freepers ready to suggest particular stock..Good luck. I'm buying Monday.
15 Posted on 09/14/2001 22:24:42 PDT by hinckley buzzard

May I suggest the company that oversees the Internet domain names?
VeriSign.....VRSN.....it was trading at $200 a year ago.....$60 a month ago and $40 just before the attacks closed the markets. Looks like a bargain to me! And one of my sons works there so I KNOW its a solid company!

19 posted on 09/15/2001 9:15:16 AM PDT by JulieRNR21
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To: JulieRNR21
Thanks for the bump,Julie.I have a 401K plan when I retired from the Gas Co.I'd like to show my patriotism by investing on Monday.I want to do it the right way.Should I trust investing through the internet? I don't want to mess up! Thanks.
20 posted on 09/15/2001 4:55:54 PM PDT by Lady In Blue
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